Industrial Solar to Reduce Carbon Footprint in Fashion Industry
Industrial Solar GmbH, a subsidiary of the Clean Industry Solutions Holding (CISH), signed an agreement for an engineering study, the first phase of implementing a concentrating solar collector into the textile production of one of the biggest H&M textile suppliers, Arvind Ltd., in India. The order value of the design engineering amounts to 46k€.
H&M Group has been attaching great importance to reducing its emissions by 56% until 2030 and is prioritizing the implementation of renewable clean energy in its manufacturing facilities which are responsible for 70% of garment’s climate impact. As part of this initiative, H&M has stopped onboarding new suppliers with on-site coal boilers into its supply chain, and instead, invests in its suppliers to support them in transitioning to renewable energy sources. For this purpose, H&M has arranged for Industrial Solar to build a demonstration project for one of its biggest suppliers, Arvind Ltd., that will deliver proof of concept for the integration of a concentrating solar thermal system to provide direct steam for the textile processes. In this first design engineering with an order value of 46k€, Industrial Solar is developing a solar process heat system. The planned collector field will have a capacity of almost 8.6 MWth and cover an area of 20,000 m2 to produce saturated steam at 9 bars.
This disclosure contains information that Clean Industry Solutions Holding Europe is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 27-07-2022 10:16 CET.
Contact information:
Clean Industry Solutions Holding Europe AB
c/o Win-Win Ekonomi AB
Palmfeltsvägen 21
SE-121 62 Johanneshov/Sweden
E-Mail: info@cleanindustrysolutions.com
Amudova AB is Clean Industry Solutions’ certified adviser. Phone +46 8 546 017 58
E-mail: info@amudova.se
Clean Industry Solutions Holding Europe AB holds 100% of Industrial Solar GmbH and 100% of SolarSpring GmbH - both located in Freiburg/Germany.
Industrial Solar GmbH is an international leading technology and solution provider, which develops projects mainly based on its innovative Fresnel collector technology suitable for fulfilling an expected growing market of solar process heat. As a one-stop-shop Industrial Solar offers turnkey solutions for customers in several industries.
Find out more about Industrial Solar GmbH at the following address:
https://www.industrial-solar.de/
Founded in 2009 as a spin-off of the Fraunhofer ISE, SolarSpring GmbH - membrane solutions, has evolved into an international pioneer in the field of membrane distillation offering innovative waste- and drinking water treatment technology.
Find out more about SolarSpring GmbH at the following address:
https://www.solarspring.de/